Imagine a place called EU, or whatever place one imagines. Imagine that for 100 years or 40, 50, 80, years or even for centuries people believe in complete lies , bollocks or bullshit or pretend to implement or think it is how in heaven so it is one earth or whatever Freudian transference one can imagine: imagine the massacres , sufferings , far fetched ideas this people live and practice. And Believe.
Imagine, for example; Germany.
Imagine Germany, where people believed, made a culture out of it, made careers, jobs, built universities, newspapers full of the cargo cult priests, forced other people to follow, made orders, laws and constructed a social life and social hierarchy in order to apply and live by THE DEBT BRAKE!
All this institutes, think tanks, all the social and class organization, All them followed like sheep into the slaughterhouse the ideology and religion of the SchuldenBremse. The debt brake was and is the bastard child of the household economics cargo cult…etcetera, the mindset the blah blah blah intellectual debates, way of life, redemption through suffering discipline of one working living life and the God Savior light beacon. OK, any bollocks one can imagine fits in.
Well, the good news is, it finally ended on the history dump. Fortunately.
But, what someone, for example Witchdoctor thinks how the Generations of Germans feel, when suddenly something like the bild zeitung rag and the whole company of cargo sellers, which was the altar of this ordoliberal religion is found out to be a historical FAKE? Ossi face the same problem even today.
How one feels when his Oligarchy bosses, Witchdoctor included, tell the millions it was all a joke? How about a Russian type of Indoctrination by the cargo cult sycophants enduring for decades?
But this is not the end, the joke about the Guilt Debt goes further. What about other countries and their political class, left right or whatever, which are currently aware of this massive change but unable to articulate this somewhat, slight or half pregnant change of paradigm but are shitless scared to articulate this facts as they should be articulated openly in front of their nations, citizens, people which blindly believed even more this cargo cult economics which went suddenly down the drain? Like, Slovenia, Austria, and unbelievable but true, the hugely indebted Italy, which still believes in the household economics with the debt braking but is “genetically” unable to apply it. Like their president which is a female, a mother and single but fights for traditional family god and one nation values while being unable ,like the AFD German leader to practice them, since we know that flesh is weak, while spirit may be high.
Being half pregnant, as WD is academically speaking about this ditching change- joke- blind faith of the debt brake which went pufff, is the first step to acknowledge the real nature of today money creation and debt driven economy. Europe is still playing mouse by being somewhat, slightly or half pregnant. It is a sort of hysterical blindness and true denial of an inner wish to be finally born. The state of somewhat, slightly or half pregnant limbo can not be logically endured ad infinitum. The baby has to pop out.
In fact, this text is a salute to stepping on the, yes, German slippery slope of the fact that deficit makes the Super Power. The play with deficit is a play with fire, but any juggler knows it. All is entropic but may be controlled for decades and the rise of the Europe as a Superpower vis a vis the dead US Empire is completely feasible even without the armed control of the whole world..
It is the deficit, if managed wisely and Germans may be among the few given their attitude, who will know to do it wisely which will bring Europe back on the map.
But, as Germany has indoctrinated the EU with the fiscal constraints over any resonable level, so the end of the German Debt brake witout making the EU common debt is dirty politics. The next Make Germany Great Again blunder and let the EU dissolve.
But as usual the first lines of the Bible have to be repeated; there are two sides of everything- the left and the taken.
To repeat the deficit for 27 times- without common interoperability is the road to be left. This means common debt) aimed bonds and the EU investment bank or any special public purpose vehicle) is the way to take,, at least in half pregnant way as a start. 27 armies and 27 thousands generals is the way to be left.
The green agenda is the future, whatever the fossils say.
As from the beginning the gravity force of the few countries with enough gravity made Europe. OK, now it is the coalition of the willing. Later the gravity will attract the others willing to be attracted. But the road taken is inter operational same unified platform and whatever type of the body governing it regardless of the EU normativistic formalism. Army included. UK has to be in it and maybe some tariffs or borders controls must be ditched as a sign of new interoperability, like food and books arts and crafts for the good start , and yes, wine comes in too…etc.
As for the others, they will be second shelf. Some will drop into a non status and some will jump the wagon as second hand goods.
Anyway, only a unified force can make the bargaining power. This force can make the EU deficit become the real power player.
In fact, this thing costs much less than if EU will pay by following the household economics of living within its own means, whatever this idiocy means.
Ask Mario Draghi. He announced whatever it takes without doing it for real and even this bollocks worked. OK, now he is in the redemption phase, as we are all.
If the other road is taken, multiplying everything 27 times, we in the EU are doomed.
The problem is that now the US is in the position to sell even more arms to the EU and by doing it it saves its own demise, economically speaking. This is a delicate moment of the time flow dynamics.
But by taking the taken way, EU has more bargaining power and can bid lower prices on exorbitant US price list.
For conclusion, a riddle of how to transpose this story with today actors; a true story of the British Empire triangulation.
What the British empire was importing Chinese goods like crazy in 18th or somewhere the century it was paying the Chinese with a tons of silver and (some) gold for the Chinese imports, like tea and other r luxuries. To prvent this draining on which the pound currency was based and to prevent the pond being slowly worthless as since the silver and gold base was the rock on which the British Empire was tied, the British Empire started selling Opium to China, via India as the producing country. Sea Of poppies by Amitav Ghosh but this triangulation is Witchdoctor conclusion of which nobody likes to talk as a dirty shit shit secret that any Empire has. So, Brits imported Chinese goods paid with silver and via India exported Opium addicting drug to get back the silver they paid to Chinese for spices tea,porcelain etc. The trade balance , since opium is addictive and it spreads, started to be in British Empire favor, until the Chinese revolted, and rightly so…
So, taken as a metaphor, what are the equivalents in this triangulation today changing the drive and the names? Witchdoctor is not thinking fentanyl, no, more like opium as arms equivalent, silver as what, AI, tech, chips, heehaw you make it out?? Riddle is yours, it is not difficult to triangulate the trade flows and check the imbalances and so make deficit work as a Superpower…
PS: Champagne!!! 200% tariffs!
The dead US finally discovered that by paying champagne and wine 200%$ more they will be MAGA!
OK, now the Trump plan is clear; by taxing champagne America will become the world leading producer of it. This is the final proof of the Trump and comp plan. It is an important milestone of the US sovereignty and might. Great Champagne again. What exactly are the differences between the ,for example , sanctions against Russia and this tariffs against the US western allies? Almost none.
MAGA Champagne will be brewed where else if not in the Appalachia. They have a long history of moonlighting moonshine alcohol. With the help of the mighty chemical US industry, it will be better than any Tuscany, Riesling, Rioja, Bordeaux, Douro Toro, Barolo wine or Champagne. Like all the rest in the US.
The once upon the time tale of the household economics
Once upon the time AI came around. So Witchdoctor organized a simple constraints and let it go. 60% max debt, 3% max budget deficit,slight primary budget surplus and all State expenses covered by taxation. Adding a buffer zone of +1% – 1% and AI was ready to go. It was a perfect schwabian housefrau family living within your means machine algo. AI was measuring input and output on a daily basis from each source.
The first conclusion was that countries with the Indoctrinated populace and Government like Slovenia did not need a Government any more. It was all on automatic pilot and the red lights flashed when there was a breach and inputs- taxes- spending-leveled accordingly. Who gives a shit that spending comes before the taxers, they never believed that anyway.
Next step was that finally 70% of the middle class which is constituted by the bureaucracy which is in large chunk collecting this taxes for their private households and side business connected with the State spending, this people finally reverted to agriculture. So, the household economics finally worked. Slovenia became a peasant paradise of hard working farmers. German cars vanished. Netflix closed. Electricity consumption ended. It was Great Again.
The remaining Oligarchy moved, some east, some west.
The AI was also working on this parameter, for example: how many olive trees is needed to produce the amount of olive oil which is equal to a year wage of a middle class middle income bureaucrat paid by the household economy taxes?
The quantity of olives/plant ranges from 30 to 60 kg, so the average production per hectare of a modern olive grove ranges from 80 to 100 quintals. The average oil yield varies between 13 – 20%. So, 8.000 kg of olives and 1200 liters of oil x 13 euros=15.600 euros of which min 30% goes to the mill = around 10.000 euros minus costs and pickers and cutters and = at the best 7.000 euros and all this accounting is very generous as a net remaing income!. One hectare contains from 600 to 1.600 olive trees.
Lets make it a thousand per hectare. To earn 35.000 euros which is a gross low income of a public servant per year, it needs 5 HECTARES and 5.000 olive trees!!! We have to double this, so it is 10 hectares for a median average civil servant pay. If we multiply this with 100. 000 civil servants which is half of them like in Slovenia with a 2.1 million population, we are already in staggering number of ONE MILLION HECTARES!!! Slovenia is, by the way, too small and not climate apt to even grow 1.000.000 million hectares of olive trees!
What is missing? OK, the climate change which halved the olive oil production in the last few years!
So, keep on with this household bullshit and forget the proportions. But, AI is already here and sooner or later this middle class will revert to cutting and picking olives. Currently mostly pensioners are growing olives, and paying taxes on top of their pensions.
At least some people will have a more relaxed living, taxmen being on plein air and taxpayers debt brake as a bonus included.
The only catch with programming AI is to define the parameters: WHO Deserves What and for Which Reasons. The answer to this question was once called CLASS STRUGGLE.
Your Witchdoctor